shipping-containers-Nantong-eastern-China-Jiangsu-Province-trade-ap Courtesy: The Week
13 April 2023

India-Russia in the shadow of sanctions

In 2022, increased sanctions were imposed on Russia by the U.S., E.U., and their allies. The track record of Western sanctions shows they are quick to be imposed, but slow to be removed. In the current environment, it is reasonable to assume that sanctions on Russia will stay in place for a very long time. India should plan its defence and commercial relations accordingly.

GH_Demonetisation_Web-724x1024 Courtesy: Gateway House
24 November 2016

Demonetisation around the world

Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.